Gas shortages at the pumps are spreading from the South to the Mid-Atlantic states, where Virginia and the District of Columbia have become some of the hardest hit areas after a cyberattack that forced a shutdown of the nations largest gasoline pipeline.
May 14, 2021Search
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EV Startups Lose More Than $40 Billion After Taking SPAC Route Public
At their highs, five electric vehicle startups that went public through mergers with special purpose acquisition companies were worth $60 billion. The corrections that followed have been brutal.
May 14, 2021Lawmakers Back $8 Billion for Electric USPS Vehicles
House lawmakers advanced language authorizing $8 billion for the U.S. Postal Service to buy more electric vehicles as the agency modernizes its aging fleet.
May 13, 2021Biden Warns Against Gas Price Gouging After Cyberattack
President Joe Biden warned gasoline stations not to engage in any price gouging as motorists wait for fuel to start flowing reliably through the Colonial Pipeline, which reopened on May 12 after falling victim to a cyberattack.
May 13, 2021Federal, State Responses to Colonial Pipeline Attack Consider Trucking
Government agencies at the federal and state levels took a variety of measures including some to help facilitate truck movement in response to the cyberattack that temporarily halted operations for Colonial Pipeline.
May 13, 2021Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom
Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on May 7, contradicting reports earlier this week that the company had no intention of paying an extortion fee to help restore the countrys largest fuel pipeline, according to two people familiar with the transaction.
May 13, 2021US Shipping Rule Waived so Foreign Tanker Can Deliver Fuel
The Biden administration temporarily eased century-old U.S. shipping requirements so a single foreign tanker could transport gasoline and jet fuel to the East Coast, where the Colonial Pipeline outage caused tanks to run dry.
May 13, 2021Colonial Pipeline Restarts Operations, but Normalcy Days Away
Colonial Pipeline, the nations largest fuel pipeline, restarted operations May 12, days after it was forced to shut down by a gang of hackers.
May 12, 2021More Stations in Southeast Running Out of Gas
Drivers waited in long lines at gas stations in the Southeast on May 12 after a hack of the nations largest fuel pipeline led to distribution problems and panic buying, draining supplies at thousands of gas stations.
May 12, 2021Volvo Sees Three Paths to Decarbonize Trucking
Volvo Group expects a near-term convergence of biofuel, battery-electric and hydrogen fuel cell electric-powered trucks as the industry, in the U.S. and in Europe, begins to adopt transformative and disruptive technologies aimed at eliminating harmful emissions and leapfrogging current practices.
May 11, 2021